"Our popular economics writers, however, are not in……" — Paul Krugman
"Our popular economics writers, however, are not in the business of giving their readers a ringside seat on the research action; with no exception I can think of, they use their books to do an end run around the normal structure of scholarship, to preach ideas that few serious economists share. Often, these ideas are not just at odds with the professional consensus; they are demonstrably wrong, and sometimes terminally silly. But they sound good to the unwary reader."
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Paul Krugman
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75 Quotes by Paul Krugman
Paul Krugman has 75 quotes on this site.
A few more worth reading:
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Every once in a while I feel despair over the fate of the planet. If you've been following climate science,…
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We know that advanced economies with stable governments that borrow in their own currency are capable of running up very…
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However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What is…
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The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth.
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The problem isn't that people don't understand how good things are. It's that they know, from personal experience, that things…
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People respond to incentives. If unemployment becomes more attractive because of the unemployment benefit, some unemployed workers may no longer…
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Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the…
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Raising the minimum wage and lowering the barriers to union organization would carry a trade-off - higher unemployment. A better…
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I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut…
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In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing…
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Governments do not necessarily act in the national interest, especially when making detailed microeconomic interventions. Instead, they are influenced by…
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It should be possible to emphasize to students that the level of employment is a macroeconomic issue, depending in the…
See all 75 quotes by Paul Krugman »
More Action Quotes
This quote is filed under Action Quotes,
one of 8,300 quotes in that category. Here are a few more:
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Forgiveness is the key to action and freedom.
— Hannah Arendt
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Revolutionaries do not make revolutions. The revolutionaries are those who know when power is lying in the street and then…
— Hannah Arendt
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Under conditions of tyranny it is far easier to act than to think.
— Hannah Arendt
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Action without a name, a who attached to it, is meaningless.
— Hannah Arendt
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All human actions have one or more of these seven causes: chance, nature, compulsions, habit, reason, passion, desire.
— Aristotle
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Moral excellence comes about as a result of habit. We become just by doing just acts, temperate by doing temperate…
— Aristotle
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Well begun is half done.
— Aristotle
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A tragedy is a representation of an action that is whole and complete and of a certain magnitude. A whole…
— Aristotle
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Thou wilt find rest from vain fancies if thou doest every act in life as though it were thy last.
— Aristotle
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We become just by performing just action, temperate by performing temperate actions, brave by performing brave action.
— Aristotle
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Every art and every inquiry, and similarly every action and choice, is thought to aim at some good; and for…
— Aristotle
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What the statesman is most anxious to produce is a certain moral character in his fellow citizens, namely a disposition…
— Aristotle
See all 8,300 Action Quotes »
